Round led by Mitsubishi Electric Corporation (also a strategic launch customer for Japan and Asia), with support from COFIDES FOCO and Nazca Capital. The funding brings total funding to more than 350000000 EUR. Funding will accelerate production/testing, help build the Kourou launch pad, and enable MIURA 5 debut in Q4 2026. PLD Space aims for commercial operations in 2027 and more than 30 launches per year by 2030. Article references ESA's 169000000 EUR Launcher Challenge and work on the LINCE crewed capsule.
About PLD Space
PLD Space is a Spanish space launch startup developing small orbital launchers, including MIURA 5, to provide flexible and reliable access to low Earth orbit for small satellites.
Elche, Spain
Read Company ProfileFrequently Asked Questions
What type of funding round did PLD Space raise?
PLD Space raised a unspecified round.
How much did PLD Space raise in its unspecified?
PLD Space raised $180,000,000 EUR in its unspecified.
When did PLD Space raise its unspecified?
PLD Space raised its unspecified on 2026-03-04.
Who invested in PLD Space's unspecified?
The investors in PLD Space's unspecified are: Mitsubishi Electric Corporation, COFIDES FOCO, Nazca Capital.
What type of investment was PLD Space's unspecified?
PLD Space's unspecified was a equity investment.
How will PLD Space use the funds from its unspecified?
PLD Space plans to use the funds for: accelerate production and testing, build launch pad in Kourou, support industrial growth and planned test flights, enable MIURA 5 debut and commercialization.